|
Subsequent Events (Notes)
|
9 Months Ended |
|---|---|
|
Sep. 27, 2014
|
|
| Subsequent Events [Abstract] | |
| Subsequent Events |
Subsequent Events
In October 2014, the Company announced a restructuring plan (the 2014 Restructuring Plan). Under the 2014 Restructuring Plan, the Company expects to reduce global headcount by approximately 7 percent, largely expected to be completed by the end of the fourth quarter of 2014, and to align its real estate footprint with its reduced headcount, largely expected to be completed by the end of first half of 2015.
The Company currently estimates that it will record a restructuring and impairment charge of approximately $57 million in the fourth quarter of 2014, primarily related to severance, and a restructuring charge of approximately $13 million in the first half of 2015, primarily related to real estate actions. The Company expects to make cash payments related to the 2014 Restructuring Plan of approximately $34 million in the fourth quarter of 2014 and approximately $20 million in the first half of 2015.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. No definition available.
|